Skip to main content

About your Search

20130221
20130221
STATION
CNBC 10
LANGUAGE
English 10
Search Results 0 to 9 of about 10
CNBC
Feb 21, 2013 1:00pm EST
into or out of mid way or o'hare today, amongst many other western cities, look out. and speaking of midwestern cities, midwest is where we find our powerhouses this week. each week we fek us on a top 20 real estate market and talk to a real estate agent there to see what he is selling for and what they are asking. this week, to cleveland we go. michelle anderson is a real estate age went progressive urban real estate in cleveland. michelle, welcome. tell me a little bit about the cleveland market. 3600 properties sold, how brisk or slow is it these days? >> the market in cleveland is picking up. things are looking better than a few years ago. we have active buyers in the market. sellers with good property priced right. they should be very happy with this market. should find a buyer within four to six months. >> average price is about $171,000 there. why don't you take us to the first home on your list this week. and it is a bargain price, sort after starter home, in the 139 or $140,000 area. >> right. 5004 bridge avenue listed by jeremy olves. nice two bedroom, two bath home. thi
CNBC
Feb 21, 2013 9:00am EST
a big move. >> lastly, citi goes buy to hold bhp. >> people ask me what i'm worried become it is the endless pressure in the my earth and the materials. free port yesterday, 32. bhp, looks like -- these are rolling ever. the junior gold minors are horrendous. joint global up yesterday on rumors. why are these going down so hard? >> you think god is overdone? >> i like gold az as an allocation, a currency. these miners, they are the weakest, they are terrible. terrible stocks. ran gold, a well run company. >> going back to late 11. >> the euro, by the way, looks -- versus the dollar, the euro really come down. something to watch with the metals, rio tinto a fine company, bhp a fine company. rolling over that is worrisome. i don't think they are done rolling over. >>> home builders falling sharply last few days. an analyst says there is another sector you can play to make money off of housing, the opening bell on a thursday is just minutes away. recognize me. but i am your market data. i know what you're looking for. i'm not chained to your desk anymore. i'm faster and smarte
CNBC
Feb 20, 2013 7:00pm EST
vary from city to city, county to county. if we could have a national blend or two, that would, you know, bring a lot of this -- >> call the dogs off -- call these dogs off. these regulatory dogs. >> well, before we get too excited, it seems to me that -- whether or not there's too many regulations, i don't think there's been a change in the regulatory environment that these refineries have been operating under. that is, you'd have to show me there's been a lot more. have there been a lot more regulations leading to refineries? >> the biggest changes go back to the clinton administration, the new source rules. if you did anything substantial in a refinery, it would have to comply with the new standards. >> since then, the prices have come way down and -- >> absolutely. and some of the big refineries that supply the oeast coast, larry, have been in the caribbean, not here. >> i always used the rule of thumb that eventually gasoline prices will follow crude oil prices. i still think that rule of thumb is applicable. what is going to happen here? >> well, at some point, they are making
CNBC
Feb 21, 2013 2:00pm EST
of kansas city. here you go, you can can see the snow coming down. at times, at times, three to five inches an hour. that is an instain snow fall rate. as one point snowing heavily from kansas off to missouri. you are talking several hundred miles in through here. so now here it is in lincoln, the good news is, there is some dryer air coming into the storm now. and that may, at least, hold down for us some of the snow totals. but the damage is done. you can see the roads are very, very greasy. what i call almost a cookie dough mixture of salt, snow and stand itself. there were a mad dash of people heading home. we are very, very hoppy to see that. visibility has been coming up. we've been watching the entrance ramp to i-80 that you couldn't see a a little while ago. a far-reaching storm as you said, and one with severe weather with it along the gulf coast. back to you. >> you stay safe, jaim, thank you very much. >> you got, breerj. >> will that storm impact energy prices. crude oil with the worst streak. let me bring in addson armstrong. addison, number one, you have to use the heat to hea
CNBC
Feb 21, 2013 5:00pm EST
york city's times skwaer, i'm melissa lee. crash course. the original dr. doom says beware of 1987 all over again. he explains why. buyer's market. why the time may be running out for a good deal on your dream house. real estate mogul barbara cork ran is here for us. and oscar buzz. what is the golden statue worth for movie studio profits? michael burns of lionsgate gives you a preview. b.k., start with you. >> for me, it's gold. it bounced off 1550. this is a market i have not traded well over the last couple of weeks but we have a tradeable bottom here. you can use, let's call it 150 on the gld as your stop point, if i'm wrong tab this one. and i think even though the fed supposedly as of the minutes yesterday may be slowing down their purchases, the rest of the world isn't, so, you can still buy gld and it will -- >> you don't get spooked by that, you're like -- >> i don't get spooked by any crosses. none whatsoever. >> the big one? no? >> and the call activity backed this up, right? >> yeah. and b.k. is no vampire. that's why -- >> i do like garlic. >> but yes, we started seeing ye
CNBC
Feb 21, 2013 6:00pm EST
. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> i always wanted to bump in with dylan. that is a tv term. i think it might be time -- i can't believe i'm doing this. i think it might be time to buy the new york times. not the paper, shares in the company. nyt. yes, you heard me right. i'm about to recommend a newspaper stock. look, everybody knows the newspaper companies have been in decline for years, decades even. what the heck am i coming out to tell you to buy shares of the new york times. simple. they know that they getting rid of the print, that's why they are selling "the boston globe" that's not the business. the business is putting out the content online and charging for it. the new york times the online journal of worldwide record and ever since the nyt put up its online pay wall, this company figured out how to make money off its content on the internet. that's the great leap forward. see, at the end of the fourth quarter, times wracked up a denominal -- they have 668,000 paid digital subscribers, up 13% fr
CNBC
Feb 21, 2013 6:00am EST
put. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the decision to sell has been driven by the trustee who own tess state of the former ceo and chairman. peemp say it could fetch mother than $2 billion, but there's a huge fight going on among the banks out there to represent this yield and so many of them thought they had the end because they had been with teddy for so long. they were friends with teddy, the trustee who runs this process. only knew teddy for the last two years of his life. so there are banks and bankers who said i've been blanking with him for 20 years. he was my best friend. i promised i would get the deal. but everybody is there and now there'
CNBC
Feb 21, 2013 4:00am EST
in a position -- it's been a pretty awful episode for the city of london, a lot of big advisers, jpmorgan, credit suisse, some of the lawyers, price waterhouse coopers, a lot of people who are on the board of bumi, all of them have tarnished reputations as a result of this scandal. >> whose fault is that? >> that's a good question. and there's still a bitter takeover by the panel going on as to exactly who knew what when the fundamental issues about funds that have gone missing from the company before it was brought to the london market. >> and nat rothschild has a lot of complaints about that money. the question is whether he knew about it before he brought this company to the london market, anyway. >> he calls the current management team a disaster. the company is uninvestble. we have to get out the cancer, he says. >> bumi has made a lot of commitments as to what they will do if this vote is won. they certainly sent a message that the current chairman will step down, the backrie family have offered to buy out half the company in return for their own shares in bumi. so in theory, at lea
CNBC
Feb 21, 2013 12:00pm EST
cities. siemens. answers. >>> power lunch top of the hour. what the fear index, the vix, is telling the smart money. should you run, not walk, from this stock market? remember enron? are american 401(k) investors making the same now by investing too much money in their company's stock for their own good and their own retirement? and what ceos are making these days. >> let's take a look at the vix rising as stocks sit near the low of the day. what are you making, doc, of the move we're seeing over the last couple of days. you have the fear gauge rising significantly today. >> it's an indication, scott, that not enough people have protection going into sequestration next week. yesterday just ahead of the fed minutes where they talked about perhaps slowing the pace of those asset purchases and, again, that was not a unanimous opinion, that was just part of that statement yesterday, you saw 40,000 of the at the money 15 puts trade very quickly, went from 95 cents to $1.40 yesterday, moving up to $1.70 or $1.80. a guy bought 40,000 of them. could have been stephanie sitting here who did
CNBC
Feb 21, 2013 3:00pm EST
cities. siemens. answers. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> two minutes to the clos
Search Results 0 to 9 of about 10